Centerpoint Energy Arkla Wants to Raise Your Rates

NOVEMBER 26, 2004 - Posted at 8:21 a.m. CST

LITTLE ROCK, AR - A rate increase has been requested by Arkansas' largest supplier of natural gas.  The increase sought by CenterPoint Energy Arkla would raise the bills of residential customers already facing higher bills because of higher gas prices.

The increase requested would add about $7.38, or ten percent, to what the company says is a typical residential bill.  The company said that would boost the monthly bill of a customer who uses about 5,200 cubic feet of natural gas per month from $69.72 to $77.10.

The increase, which awaits approval by the state Public Service Commission, would add to the "base" portion of the bill, about one-third of the total.  The cost of natural gas, passed to consumers without a profit margin, makes up the rest of the bill.

CenterPoint Energy Arkla provides natural gas to about 433,000 Arkansas customers.

(Copyright 2004 by The Associated Press.  All Rights Reserved.)